Institution: Gold prices fall due to a stronger US dollar and concerns over interest rates

金十2026/05/19 15:59

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Golden Ten Data, May 19 — Due to the strengthening of the US dollar and concerns over monetary policy tightening, gold prices continue to fall, with spot gold temporarily dropping more than 100 US dollars during trading. Analysts from IG stated: “The market is still expecting that if energy prices remain high, major central banks may need to raise interest rates again.”

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The accident resulted in injuries to 15 workers, with no fatalities reported so far. According to US media, the mine has temporarily suspended its underground operations. Oyu Tolgoi is one of the world's largest copper mines and a key source of future copper production growth for Rio Tinto. The impact of the accident on the mine's recovery schedule and copper output is still under assessment. On Thursday, Rio Tinto ADRs saw their losses widen to as much as 4.3%, reaching a new low since March; New York copper prices fell by 1%, briefly bouncing after the news before resuming their decline.

华尔街见闻•2026/10/29 20:21